Why the Fed Needs to Cut Rates

July 31, 2019
The Federal Reserve's Federal Open Market Committee meeting Wednesday to decide on whether to cut the Federal Funds interest rate and by how much. The consensus is for a cut of 0.25%. Steven Skancke, Chief Economic Advisor at Keel Point and former U.S. Treasury staffer, joined Cheddar to discuss what message the Fed would be sending with a 0.25% rate cut.
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